Despite positive results nearly across the board, market reception to those reporting earnings remains a bit mixed. We surmise the combination of relatively high valuations and the looming specter of decelerating growth against more challenging comparisons in the quarters to come have prompted some angst among investors.
Read MoreThe United States Postal Service’s (USPS) monthly data for April reflected a 6.4% Y/Y decrease in PC Postage revenue. Although we never like to see declines, context matters.
Read MoreZuora (ZUO) hosted a virtual Investor Day in which management presented its strategy for helping enterprises win in the subscription economy, a market opportunity estimated at $5 billion today and projected to grow at 25%-30% annually.
Read MoreWe have included several news items from last week to this week’s recap as there were some notable developments during the shortened holiday week. The most pertinent to us was the publication of the United States Postal Services’ monthly trial balance data prior to Thanksgiving, which revealed a 39% Y/Y increase in PC Postage revenue in October.
Read MoreDespite this being a short week coming off Labor Day, it was quite eventful on our end, especially with one of many fires raging up and down the West Coast igniting uncomfortably close to our home base in Monrovia. We are thankful for all the first responders fighting to keep our collective communities out of harm’s way.
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